Rethinking REI Strategy

[Jennifer S.]

The events of the past several months have really made me consider whether or not it's worth owning investment properties in certain states (I own four units in MA). It's not just the current laws and regulations. I've begun to notice a significant amount of open hostility towards landlords and pro-business attitudes from people to the point that I don't feel comfortable telling friends/co-workers that I am a landlord. At the same time, several large companies have announced moving to states like Colorado, Texas, and Florida because of their business-friendly laws and attitudes. With them will come jobs and people looking for places to live. In addition those states seem to be more landlord-friendly as well.

Am I the only person who is considering selling off properties from places like MA and other not-so-landlord/business-friendly states and moving investment dollars (and myself, TBH) elsewhere? Am I crazy?

[Nathan Gesner]

I wouldn't stop investing but I would carefully consider where you are putting your money. I honestly can't believe people are still buying property in California, Seattle, or New York City. It's unbelievable the way politicians are taking away property rights and treating Tenants like victims.